Twenty-one trillion dollars.Β The Pentagonβs own numbers show that it canβt account for $21 trillion. Yes, I mean trillion with a βT.β And this could change everything.Β But Iβll get back to that in a moment.Β
There are certain things the human mind is not meant to do. Our complex brains cannot view the world in infrared, cannot spell words backward during orgasm and cannot really grasp numbers over a few thousand. A few thousand, we can feel and conceptualize. Weβve all been in stadiums with several thousand people. We have an idea of what that looks like (and how sticky the floor gets).
But when we get into the millions, we lose it. It becomes a fog of nonsense. Visualizing it feels like trying to hug a memory. We may know what $1 million can buy (and we may want that thing), but you probably donβt know how tall a stack of a million $1 bills is. You probably donβt know how long it takes a minimum-wage employee to make $1 million.
Thatβs why trying to understandβtruly understandβthat the Pentagon spent 21 trillion unaccounted-for dollars between 1998 and 2015 washes over us like your mother telling you that your third cousin you met twice is getting divorced. It seems vaguely upsetting, but you forget about it 15 seconds later because β¦ what else is there to do?
Twenty-one trillion.
But letβs get back to the beginning. A couple of years ago, Mark Skidmore, an economics professor, heard Catherine Austin Fitts, former assistant secretary in the Department of Housing and Urban Development, say that the Department of Defense Office of Inspector General had found $6.5 trillion worth of unaccounted-for spending in 2015. Skidmore, being an economics professor, thought something like, βShe means $6.5 billion. Not trillion. Because trillion would mean the Pentagon couldnβt account for more money than the gross domestic product of the whole United Kingdom. But still, $6.5 billion of unaccounted-for money is a crazy amount.β
So he went and looked at the inspector generalβs report, and he found something interesting: It was trillion! It was fucking $6.5 trillion in 2015 of unaccounted-for spending! And Iβm sorry for the cursing, but the word βtrillionβ is legally obligated to be prefaced with βfucking.β It is indeed way more than the U.K.βs GDP.
Letβs stop and take a second to conceive how much $21 trillion is (which you canβt because our brains short-circuit, but weβll try anyway).
1. The amount of money supposedly in the stock market is $30 trillion.
2. The GDP of the United States is $18.6 trillion.
3. Picture a stack of money. Now imagine that that stack of dollars is all $1,000 bills. Each bill says β$1,000β on it. How high do you imagine that stack of dollars would be if it were $1 trillion. It would be 63 miles high.
4. Imagine you make $40,000 a year. How long would it take you to make $1 trillion? Well, donβt sign up for this task, because it would take you 25 million years (which sounds like a long time, but I hear that the last 10 million really fly by because you already know your way around the office, where the coffee machine is, etc.).